Credentialing Services for Physicians and Hospitals

Physician Credentialing is Essential to the Revenue Cycle Process

As hospitals and physician practices employ more medical professionals, the proper credentialing of those professionals becomes increasingly important to the entire revenue cycle process.

A tremendous amount of reimbursement, legitimately due to hospitals and medical practices, is lost due to incomplete, incorrect, or delayed completion of required credentialing. And that is not entirely surprising in that credentialing is voluminous, varies by payer, with payer requirements changing over time.

Keeping Up with Physician Credentialing Requirements is Challenging for Hospitals

It is therefore very difficult to keep up with credentialing requirements, and hospital staff is understandably focused on new provider employment and contracting, and is often not focused on proper credentialing. But as proper credentialing is a threshold requirement in order to establish claims reimbursement for a given payer, credentialing is a critical part of the overall revenue cycle management process.

A Dedicated Physician Credentialing Department

Precision has a dedicated credentialing department, with significant experience in credentialing, focused on making sure that this all-important but often overlooked requirement is properly and timely managed. Hospitals and physician practices that engage Precision to provide credentialing support for their providers can be assured that all requisite credentialing work is effectively and professionally completed as it should be, fully supporting underlying revenue cycle processes.

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Precision was engaged to start the process of "taking our practice paperless" and the results have been tremendous. First, our office network was significantly upgraded by Precision. Then, all of our physicians went wireless in both of our offices and from home. Our dictation workflow was then automated via an EHR to Dragon interface and we are now scanning, generating e-files or receiving e-faxes for all documents that we formerly archived in paper form. We have now completed our transition to electronic health records. Precision has also provided strong tech support for us - even on weekends - with extremely quick response time. That kind of support is really hard to find."